Topics For Buyers

This Week’s DC / MD Home Buyer Workshops Tues. 4/28 5:30pm & Sat. 5/2 10am

Interest Rates on 30 year mortgages (the mortgage 99.9% of you will use as a 1st time buyer) have dropped slightly again to 3.65%, after dropping recently to 3.67%. What’s this mean? Temporarily, your monthly payment on buying a condo or home remains at just about the lowest you can expect – giving many people who rent locally the chance to buy at a rolling monthly cost lower than they currently pay their landlord.

Interest rates are currently only a 1/3 of a percentage point above their lowest levels ever, reached in late 2012. Just last year at this time, rates were 4.33% (April, 2014).  Conditions for borrowing on a mortgage to buy a home or condo have never been better…and probably won’t last long.

This week’s Workshops will discuss current market conditions, interest rates and how it all ties together as you decide on your first home or condo purchase. There’s also discussions on Buying New Construction in a variety of price ranges that talk about how to participate in the flood of new home and condo opportunities that are becoming available for a variety of budgets.

Join us:

Tuesday, 4/28 5:30pm – 7pm– The After-Work Edition of our popular $0 Down Home Buyer Workshop is back! Join us at 5:30pm at 913 Florida Avenue, NW.

Saturday 5/2 10am – 11:30am  – Our Saturday morning Workshop this week combines Buying New Condos / New Homes in All Price Ranges + our regular $0 Down programs and other financing coverage. Specific Property Tours and neighborhood tours are available after the Workshop from 11:30am on through the afternoon. We recommend you reach out to us specifically in advance if you want to tour with a First Time Home Buyer specialist.

There’s 3 ways to RSVP for UrbanLand Workshops. Email, connect with us via Facebook Events, or just call 202.299.9223.


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